MQP 12N - UBS MARGIN CALL FOR RUSSIAN CLIENTS

24 Şub 2022

HEADER: BUY BUY BUY NOW!

SUMMARY - You will thank me in 5 days or less.

DETAILS - We'll get into all the reasons later, but if you have capital to put to work, you won't get another chance at gold for this price again.

24 Şub 2022

Not

NOTES - 1910 should've been a strong floor, but wasn't for two reasons:
1) We never did close that gap last week I noted about
2) UBS demands Russian clients mark bonds assets as 0 forcing gold to be sold as collateral
3) more when I have time

24 Şub 2022

Not

UPDATE THUR 2/24 6:19 PM

1) bc of the absolutely crucial situation price is in, I'll try to give as many step by step update as I can from here to the next 19-22 hours
2) so the first target we just cleared was 1908, Wed's NY close, what we really need is CLEARING AND HOLDING 1927 FOR A COUPLE HOURS
3) the closing bar for the daily aftermarket was 1877-1975, basically $100 bar, clearing AND HOLDING 1927 will change the swing tide
4) I am writing this bc - while I have confidence in what my software says, I do understand the nature of price action of the last 24 hours is w/o a doubt bearish looking at it from various angles of analysis

24 Şub 2022

Not

5) that box in the chart was posted too low for 1927, it's actually posted at 1917, so add 10 pts to the floor of that box

25 Şub 2022

Not

25 Şub 2022

Not

8:18 PM ET

FWIW, I see 1937 next before slowing down, likely before midnight.

25 Şub 2022

Not

UPDATE: 9:58 AM ET FRIDAY

It's going to be a battle all the way up through 4/28. That's all I got.